Mexico’s 2012 Minimum Wage, Expected 2012 Inflation rate, and Current Unemployment: Job Creation Critical to Mexico’s Economic Success
Mexico’s Labor Ministry has increased the minimum wage for 2012 by 4.2 percent, bringing the minimum wage in Mexico City (and all of zone A) to 62.33 pesos (the equivalent of ~$4.60 per day). This increase is slightly higher than the 2011 minimum wage increase of 4.1 percent, and is higher than the expected rate [...]
Jobs in Brazil: The State of the Brazilian Labor Market
State of the Brazilian Labor Market As the world looks to emerging markets to find new growth opportunities, Brazil has shone forth as a rising star. Brazil’s GDP stood at approximately $2.1 trillion in 2010. The agriculture, industry, and services sectors contributed 6 percent, 28 percent, and 66 percent of Brazil’s GDP, respectively.[1] From 1996 [...]